iFibonacci

This indicator makes it easy to add Fibonacci levels to any chart on any time frame, includes all tools for complete analysis.

Because I believe in Fibonacci tools, I’ve decided to add them all in one simple and clean indicator. So here’s my first indicator which will draw almost all Fibonacci tools such as Retracement, Arc, Fan, Expansion and Time Zone based on default ZigZag indicator swings.

Update: v1.01 (29/12/2015)

Added Sunday’s calculation for High, Low, Pivot Points.

Changed ZigZag Depth value to “24” instead of “21” for more drawing accuracy.

Improved Arc Scale formula.

Improved the performance of the Indicator.

Features:

Control the ZigZag values: Depth, Deviation, Backstep.

You can change the colors, width and style on all tools.

Ability to draw the tools on fixed Time Frame.

Show/Hide whatever tool you like.

Show/Hide extra levels: 14.6, 23.6, 76.4, 88.6, 127.2.

Show Daily, Weekly, Monthly High/Low with Standard pivot.

Draw triangles on the latest 6 ZigZag points.

Show Candle time left.

MT4 Indicators – Download Instructions

iFibonacci is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
iFibonacci provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

EDITOR PICKS

MT4Indicators.com is the library to the thousands of indicators for MetaTrader 4 developed in MQL4. Regardless of the market (forex, securities or commodity market), indicators help to represent quotes in an accessible form for easy perception.